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News Discussion
News Discussion
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ZoomyPenguin
ZoomyPenguin
Stealth

what's going on with the IPO scam 🤔

Lenskart IPO - 70,000 CR MRR Ltd - Market Cap - ~67000 CR

Who's responsible most for such scams???

SEBI 🥴
Govt 😕
Indian Citizens 🥹
Promoters of company 🤓
How would I know bro? 🍇🍇🍇
1550 votesexpired
1mo ago
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JumpyPancake
JumpyPancake
Swiggy1mo

Investment banks

SqueakyBurrito
SqueakyBurrito
Carelon1mo

Now Sebi has come up with new rule that nutual funds can not invest in IPOs before listing, it will reduce the PE companies ask for in future.

DizzyTaco
DizzyTaco
Adidas1mo

Jab paisa mil rha hai, toh koi kyun mna krega?

JumpyPancake
JumpyPancake
Swiggy1mo

If stock tanks, people lose faith and they don't invest in it again.

Be greedy but not to the extent that you end up screwing people

PeppyRaccoon
PeppyRaccoon
Oracle1mo

It's all about stupid investors, they are selling it at a premium price because someone is willing to buy.

ZoomyPenguin
ZoomyPenguin
Stealth1mo

Typo lol 😂 MRF ltd, just ignore that 🤦🏻

ZippyPickle
ZippyPickle
Google1mo

Do a scam and pay sebi fine

DizzyNugget
DizzyNugget
Stealth1mo

May be sebi, why they allow to launch ipo in such high valuation .

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